Attention seasoned investors! Here lies an exceptional opportunity to expand your rental portfolio. Nestled in the heart of Huntington Park, 7410 Marbrisa Ave boasts a two-story building complete with carports, ample additional parking, and an income-generating community laundry. This property spans two lots and enjoys a prime location near Walnut Park Middle School, a short stroll from Plaza La Alameda, and within easy reach of the vibrant shopping districts along Florence and Pacific Avenues. The potential here is immense, with long-term stable tenants already in place.
Property Sub Type:
Mixed Use
Property Attached:
No
Lot Area:
10,330 sq. ft.960 m2
Bathrooms:
-
(Full:-, Half:-)
Year built:
1940
(Age: 85)
General Listing Location:
Huntington Park, 699 - Not Defined
County Or Parish:
Los Angeles
Tenant Pays:
Electricity
Common Interest:
None
Gross Income:
$120,192
Gross Scheduled Income:
$120,192
Net Operating Income:
$86,244.7
Rent Control:
Yes
Land Lease:
No
Electric Expense:
$304
Fuel Expense:
$0
Insurance Expense:
$2,870
Operating Expense:
$33,947.3
Other Expense:
$2,084
Professional Management Expense:
$0
Trash Expense:
$776.62
Water and Sewer Expense:
$9,652.4
Taxes:
$18,259.9 /
-
Tax Lot:
34
Tax Block:
B
South of Florence Ave East of Alameda
Number of Buildings:
1
# of Electric Meters:
8
# of Gas Meters:
3
# of Water Meters:
1
# Units Leased:
8
Community Features:
Street Lights, Urban
Senior Community:
No
Laundry Features:
Common Area, Laundry Room
Pool Features:
None
Private Pool:
No
Lot Features:
6-10 Units/Acre
Levels:
Two
Num Stories:
2
Entry Level:
1
Entry Location:
Steps
New Constr.:
No
Common Walls:
No Common Walls
# Units:
8
Utilities:
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected